Industry Analysis & Industry Trends
Due to traditional Chinese dietary patterns and lower living standards, the routine consumption of dairy products is limited across the country. China is currently the third-largest dairy producer in the world, after India and the United States. However, per capita consumption of dairy products in China is less than one-quarter of the global average and lower than in many other developing countries. Moreover, dairy product consumption varies considerably across China. Consumption in rural regions is less than 10.0% of that in urban areas.
After strong and steady growth for more than a decade, China's dairy industries were severely affected by the melamine scandal of September 2008, when melamine was found in infant formula and other milk products.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Value added is expected to increase at an annualized rate of 6.0% in the 10 years through 2021; this is slightly lower than China's average annual GDP growth rate of about 6.5% during the same period.
Per capita consumption of dairy products in China is still at a rather low level, at about one-fifth the level in Japan and Taiwan, and slightly more than a tenth of the level in Western countries. Moreover, the yet-to-be-developed rural markets offer substantial further demand for dairy products.
There are about 736 enterprises operating in the industry, most of which are small-scale firms supplying products to local areas... purchase to read more